ZIP Code 97369

In ZIP code 97369, near Depoe Bay, homes carry a median value of $594,900 while per-capita income sits at $32,912. The county's 0.81% effective property tax rate works out to roughly $4,819 a year on that median home — a sum equal to about 15% of a single resident's annual income, which makes owning here a stretch on one paycheck alone. Buyers should also note the combined sales tax rate of 0.00%, so no added cost applies to everyday purchases. The gap between local earnings and home prices stands out as the central affordability question in this coastal area.